Pinsent Masons secures role on administration of Parabis

26 Nov 2015 | 11:44 am |

International law firm Pinsent Masons has secured a key role on the administration of the law firm Parabis which entered into administration on Monday via a pre-pack process which saw the law firm split up and sold off.

Pinsent Masons partner Steven Cottee alongside consultant Jonathan Jeffries have both been appointed as Joint Solicitor Managers of Parabis.

The pre-pack administration saw Parabis' defendant insurance businesses, Plexus and Greenwoods, acquired by Plexus Law Limited, Carpenters acquired some of claimant business Cogent Law, Lyons Davidson also acquired parts of Cogent Law as well as Saga Law, medical reports company Premex Services acquired Parabis’ Argent Rehabilitation arm, loss adjuster Davies Group acquired Parabis’ Argent Property Adjusters and Argent Liability Adjusters businesses while Examworks Investigation Services bought Argent's claims investigation business.

Steven Cottee commented: “We were delighted to assist on this complex assignment and our role alongside the Joint Administrators from Alix Partners is focused on ensuring that clients’ interests are protected during this process.”

Pinsent Masons has a market leading practice in relation to law firm restructurings, having been involved with Halliwells, Cobbetts, Manches, Harris Cartier, Linder Myers, Davenport Lyons and Jeffrey Green Russell.

Latest press releases

Show me all press releases

Pinsent Masons hires corporate partner in Sydney

Multinational law firm Pinsent Masons has hired corporate energy and technology partner Joni Henry in Sydney, Australia.

Pinsent Masons MPillay advises Ikigai Ventures Limited on its listing on the Official List (Main Board) of the London Stock Exchange

Multinational law firm Pinsent Masons MPillay has advised Ikigai Ventures Limited, a company acquiring target businesses that have a strong positive social impact and/or environmental, social and governance (ESG) strategy, on its admission to the Official List of the London Stock Exchange.

Pinsent Masons MPillay advises Fintech Asia Limited on its listing on the Official List (Main Board) of the London Stock Exchange

Multinational law firm Pinsent Masons MPillay has advised Fintech Asia Limited, a company acquiring target businesses in the fintech sector, on its admission to the Official List of the London Stock Exchange.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons advises Rcapital on the acquisition of the Nasmyth Group

Multinational law firm Pinsent Masons has advised Rcapital on the acquisition of Nasmyth Group, a leading provider of specialist precision engineering services to the aerospace industry.

Pinsent Masons advises on L Catterton’s sale of Sweaty Betty to Wolverine World Wide Inc

Multinational law firm Pinsent Masons has acted as legal advisor to Sweaty Betty, the founders, Tamara and Simon Hill-Norton, and the senior management team, on the $410m sale of global activewear and lifestyle brand, Sweaty Betty, to Wolverine World Wide, Inc. (WWW).

Pinsent Masons advises Grant Thornton on the pre-pack sale of CB Imports

Multinational law firm Pinsent Masons has advised joint administrators, Christopher Petts and Richard Lewis of Grant Thornton UK LLP, on a pre-pack administration sale of the business and assets of CB Imports, trading as "Country Baskets."

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts